The basic pay is usually 40% of gross income or 50% of an individual’s CTC. Basic salary = Gross pay- total allowances (medical insurance, HRA, DA, conveyance, etc.)
Read moreThe basic pay is usually 40% of gross income or 50% of an individual’s CTC. Basic salary = Gross pay- total allowances (medical insurance, HRA, DA, conveyance, etc.)
Read more